• Indian market development: NSE MD and CEO Ashishkumar Chauhan described India's tech-driven stock market as a miracle and one of the most successful globally, built despite a per capita income of $3,000, which is approximately 30 times lower than America's $90,000.
• Future-ready exchanges: BSE MD and CEO Sundararaman Ramamurthy noted that next-generation exchanges must be flexible, customer-centric, and service-oriented to adapt effectively to ongoing industry changes.
• Global capital competition: Ramamurthy emphasized that exchange competition is now global rather than domestic, as capital can flow freely across international borders.